Some IQVIA Holdings Inc. (NYSE:IQV) shareholders may be a little concerned to see that the President of Research & Development Solutions, W. Staub, recently sold a substantial US$3.5m worth of stock at a price of US$248 per share. That's a big disposal, and it decreased their holding size by 48%, which is notable but not too bad.
IQVIA Holdings Insider Transactions Over The Last Year
Over the last year, we can see that the biggest insider sale was by the insider, Constantinos Panagos, for US$4.2m worth of shares, at about US$209 per share. That means that an insider was selling shares at slightly below the current price (US$253). When an insider sells below the current price, it suggests that they considered that lower price to be fair. That makes us wonder what they think of the (higher) recent valuation. While insider selling is not a positive sign, we can't be sure if it does mean insiders think the shares are fully valued, so it's only a weak sign. We note that the biggest single sale was 100% of Constantinos Panagos's holding.
IQVIA Holdings insiders didn't buy any shares over the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
I will like IQVIA Holdings better if I see some big insider buys. While we wait, check out this free list of growing companies with considerable, recent, insider buying.
Does IQVIA Holdings Boast High Insider Ownership?
Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. IQVIA Holdings insiders own 0.8% of the company, currently worth about US$369m based on the recent share price. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.
So What Does This Data Suggest About IQVIA Holdings Insiders?
Insiders sold IQVIA Holdings shares recently, but they didn't buy any. And there weren't any purchases to give us comfort, over the last year. But it is good to see that IQVIA Holdings is growing earnings. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing IQVIA Holdings. Be aware that IQVIA Holdings is showing 2 warning signs in our investment analysis, and 1 of those is concerning...
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.
For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.